Quick Ratio Analysis of Allegiant Travel Company - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Quick Ratio
Period Ending - Dec-23
Poor Quick Ratio
0.161
Period Ending - Dec-22
Indecisive Quick Ratio
1.42
Growth
-88.71 %
Most recent Quarter Quick Ratio
Period Ending - Mar-24
Not Good Quick Ratio
0.735
Quick Ratio Analysis of Allegiant Travel Company
| Quick Ratio of Allegiant Travel Company with value of 0.161 indicates company has highly illiquid balance sheet ro pay its obligations. |
| Quick Ratio of Allegiant Travel Company with value of 0.735 indicates company has highly illiquid balance sheet ro pay its obligations in latest Quarter ending on Mar-24. |
| Quick Ratio of ALGT drastically fell by -88.71 % this year. |
| Quick Ratio with value of 1.98 was highest in Year Dec-21 in last Five Years. |
| Quick Ratio with value of 0.161 was lowest in Year Dec-23 in last Five Years. |
| Latest Quick Ratio with value of 0.161 is lower than Average Quick Ratio of 1.15 in last five years. |
Other Quick Ratio Related Info of ALGT that may interest you.
Allegiant Travel Company Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| ALGT | 53.2 | 51.46 | 3.38 % | Airlines |
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio. more ..
Quick Ratio Related Ratios
| CurrentRatio | ShortTermDebtToEquityRatio |
Tsr Stability Index
| Very Low Stability Stock | |
FY - Historical Quick Ratio of Allegiant Travel Company
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Quick Ratio | 0.161 | 1.42 | 1.98 | 1.33 | 0.871 | 0.926 | 0.952 |
| Change | -88.71 % | -27.97 % | 48.20 % | 53.08 % | -5.84 % | -2.75 % | -7.73 % |
FY Chart of Quick Ratio of Allegiant Travel Company
Note : All Data Generated at the End of Trading Hours (EOD Data)